How Much Data Is Retained Long Term? — A Look at Long-Term Data Retention by Organizations in IDC's Global StorageSphere

How Much Data Is Retained Long Term? — A Look at Long-Term Data Retention by Organizations in IDC's Global StorageSphere

This IDC Market Perspective analyzes the current state of long-term data retention by enterprise organizations in IDC's Global StorageSphere. It provides a definition for long-term data retention and explores the reasons why organizations retain data long term, how much data is being retained long term, the type and mix of media on which long-term retained data it is being stored, where it is being stored, and the dynamics that might impact long-term data retention policies and practices by organizations in the future."Every organization defines long-term data retention uniquely," according to John Rydning, research vice president, IDC's Global DataSphere. "Although a standard universal definition is lacking, the estimated volume of data retained long term in IDC's Global StorageSphere is significant and represents a sizable target market for novel storage technologies that are orders of magnitude lower in cost than current magnetic storage media technologies."

Please Note: Extended description available upon request.